This is my first post with respect to Indonesia, and this is mostly about the macro economic factors. It is possible that one would find different numbers from different sources and it can be all over the places. For an example GDP per capita figure ranges between USD 3680 to USD 5000 by some accounts. However, it does not change the fact that the 240 million population based economy has either crossed or just about to cross $1 trillion mark. The growth rate is healthy since 2010, growing over 6% and is estimated to grow at the rate of 6.2% in 2014. The growth is driven by the real consumption, which is growing at the rate of around 5% y-o-y. Unemployment rate is low and has reduced from a high of 8% in 2009 to 6% in 2013.
However, on trade front there is an increase in the imports and decline in the exports resulting in a significant decline in the trade balance. In 2013, current account is estimated to be in deficit (3% of GDP) as comapred to 2% surplus in 2009.
S&P has rated BB+, which the country is expected to maintain in the medium term.
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